Nabis Expands into 26,000-Square-Foot Oakland Cannabis Distribution Hub, Adding Brands and Product Categories
January 21st, 2021
News, Top News
California’s Leading Cannabis Product Wholesale Distributor Nabis More Than Triples Its Storage and Fulfillment Capabilities to Meet Surging Demand
OAKLAND, Calif., Jan. 19, 2021 /PRNewswire/ — Nabis, one of California’s largest licensed cannabis distributors, announced the company has moved its Northern California distribution center to a larger facility in Oakland. Fitted with state-of-the-art security and operational equipment, the move provides Nabis with the extra storage space needed to continue integrating new brands into its compliant, rapid wholesale delivery service.
The 26,000-square-foot facility gives Nabis the space to store nearly 400% more inventory than at the previous 8,000-square-foot facility, also in Oakland. The increased storage capacity allows Nabis to fulfill hundreds of orders per day and distribute them to the most populous regions in California, as well as increase distribution speeds across the state. The company plans to double its order fulfillment staff in Oakland by the end of 2021.
“We are ecstatic to begin operating out of the new fulfilment hub in Oakland. The past year has been eventful for the growth of our company, and we are looking forward to powering even more brands with our attentive service and tech-driven logistics solutions,” said Jun S. Lee, President of Nabis. “The significant space increase positions Nabis to onboard brands across all product categories, including flower, vapes, concentrates, topicals and edibles, both shelf-stable and perishable.”
The facility is equipped with climate-controlled storage, refrigeration and freezers, state-of-the-art security technology such as facial-recognition cameras and a secure access system at every point of egress, and armed security guards that provide full facility protection 24 hours a day.
In the past year alone, Nabis has signed 60 new brand partnerships as the company continues to modernize the cannabis supply chain. Nabis currently has over 10,000 unique active SKUs in its proprietary software platform. The larger facility will allow Nabis to grow the company’s product portfolio by at least five times in volume over the next two years, supporting brand growth in the world’s largest legal cannabis market.
Nabis is a technology-focused cannabis distributor supporting nearly 100 individual brands and supplying more than 99% of California’s dispensaries with top-tier products. Nabis offers clients compliant fulfillment logistics, warehousing, payment collection, financing, sales and marketing services to reduce barriers to entry and accelerate brand growth. Founded in 2017 by software engineers Vince C. Ning and Jun S. Lee, Nabis is fueled by cutting-edge distribution technology designed in-house to support cannabis professionals and their businesses. Nabis works directly with brands to ensure lightning-fast fulfillment and provides actionable, industry-leading sales data and insights to help brands scale and grow. Learn more: Nabis.com
Grasslands: A Journalism-Minded Agency
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
Follow Us on Social Media
About CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.